CONTENT STATEMENT
- The choices made by individuals and governments have both present and future consequences. The evaluation of choices is relative and may differ across individuals and societies.
CONTENT ELABORATION
This content statement builds on foundational understanding that began in kindergarten of economic choices and their consequences.
Students will understand and be able to predict the present and future consequences of personal and collective economic choices.
Students at this level will examine the choices of individuals and governments that lead to economic decision making.
Students will evaluate and predict the resulting consequences, which are relative to individuals and societies.
EXPECTATIONS FOR LEARNING
Predict the present and future consequences of an economic decision.
Explain how individuals and societies may evaluate the choice differently.